Regional Development Bank

September 2016 Climate Finance Update: Readiness and Access Get a Boost, Stranded Assets Get under the Spotlight [viewed]

unfccc_gcf_ndf_af_adb_unepdtu26 September 2016: During the month of September, climate finance was highlighted at the highest level, during the Group of Twenty (G20) Summit and the General Debate of the 71st Session of the UN General Assembly (UNGA 71). Readiness and access support received a major boost through the establishment of two major initiatives, underpinned by millions of US$ in funding. The UNFCCC released several reports in the run-up to the UN Climate Change Conference in Marrakech. Studies by an investor coalition and a regional development bank explored climate risk in investments and stranded assets.

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Adaptation and Loss and Damage Update: Technology Enhances Climate Resilience, Climate Change Security Risks Assessed [viewed]

unesco_unisdr_unhabitat_adb_wmo21 September 2016: Increasing climate resilience has been the focus of the recent weeks' events, initiatives and publications reported in this Update. These developments have demonstrated that climate resilience and disaster disk management (DRM) can be enhanced by giving prominence to the role of technology and the private sector. The relationship between climate change and national security has also received attention.

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Latin America Conference Takes Stock of Statistics for 2030 Agenda [viewed]

1280784375ECLAC_logo16 September 2016: A Latin America regional conference on official statistics in support of the 2030 Agenda for Sustainable Development took stock of international, regional, sub-regional and national initiatives to integrate and modernize statistical systems, and shape the 2030 Agenda within a Latin American context. Participants also considered how the region can implement a sustainable economy, including within the context of the Paris Agreement on climate change.

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SCF Forum Explores Financial Instruments for Addressing Loss and Damage [viewed]

unfccc_adb_philippines6 September 2016: The Standing Committee on Finance (SCF) held its 2016 Forum under the theme, 'Financial instruments that address the risks of loss and damage associated with the adverse effects of climate change.' Discussions at the Forum highlighted the need for a holistic and integrated approach to addressing the risks of loss and damage, while underscoring that there is no one-size-fits-all to mobilizing support.

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Mitigation Update: Pricing Emissions in Focus, Climate Pledges Go Personal [viewed]

ieta_eea_adb_icao_imo_vatican9 September 2016: Over the last couple of weeks, a number of events, initiatives and publications have highlighted the role of market mechanisms in reducing greenhouse gas (GHG) emissions and other pollutants. In addition, both Pope Francis and the UNFCCC Secretariat are encouraging climate action on an individual level.

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African Ambassadors Prepare for COP 22 [viewed]

afdb_uneca_cop2231 August 2016: An information session for African ambassadors based in Morocco convened in preparation for the 22nd session of the Conference of the Parties (COP 22) to the UNFCCC. The session sought to prepare African countries to participate in the COP, support efforts to coordinate participation among countries and discuss the stakes for Africa. The session was organized by the African Development Bank (AfDB) and the UN Economic Commission for Africa (ECA), in partnership with the COP 22 Steering Committee.

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Sustainable Energy Finance Update: MDBs Offer Broad Energy Sector Support; Off-Grid, Transport, Industry Receive Boost [viewed]

Sustainable_energy_finance1 September 2016: The month of August saw several financing announcements that, instead of focusing on a single project, will support many aspects of the energy sector in several countries, in the context of economic and infrastructure development. In addition, this Update reports on various initiatives that will support the expansion of off-grid energy access, “green” the public transport sector and increase industrial efficiency. It also includes a new 'Go-To Resources' section, which lists newly-released sources of information related to sustainable energy project development.

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Adaptation and Loss and Damage Update: COP 22 Preparations Pick Up Speed; Regions Enhance DRM Cooperation [viewed]

unisdrs_unfccc_pifs1 September 2016: With the 22nd session of the Conference of the Parties (COP 22) to the UNFCCC to be held in Marrakesh, Morocco, from 7-18 November 2016, less than three months away, preparations are underway. The UNFCCC Secretariat has released a number of meeting documents, and Parties have been submitting their views on a range of issues, including the Nairobi Work Programme (NWP) on impacts, vulnerability and adaptation to climate change. The outcomes of several upcoming September meetings will also feed into the Marrakesh Climate Change Conference.

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Sub-national Governments Push for Climate Action [viewed]

ccca2016_seoul_C40_iclei 2 September 2016: At two recent major events bringing together representatives of local and regional governments, municipal and provincial authorities showcased the action they are taking to address climate change and urged their national governments to follow suit. In addition, mayors of cities from the Group of Twenty (G20) countries penned an open letter to their leaders calling on them to make concrete plans to implement the Paris Agreement.

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August 2016 Climate Finance Update: Readiness, Simplified Access to Finance in the Spotlight; Caribbean Disaster Resilience and Relief Gets Support [viewed]

august_climte_update30 August 2016: During the month of August, the focus of multilateral climate financing activities turned to the South, with a number of high-level meetings and technical workshops focusing on access, readiness and the special circumstances of vulnerable developing countries. The Green Climate Fund (GCF) signed its first disbursement agreement and the Adaptation Fund reported a record level of requested support.

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